BIG APPLE MANAGEMENT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BIG APPLE MANAGEMENT
Largest movements
- Receivables after one year +€30,305
up €30,305 (+7.6%), from €397,443 to €427,747
- Cash +€16,645
up €16,645 (+19.7%), from €84,304 to €100,949
mainly Net result for the year (+€88,021) and Depreciation (+€13,078)
- Tangible fixed assets -€11,624
down €11,624 (-8.9%), from €129,914 to €118,290
of which Land and buildings: -€10,108
- Deferred charges and accrued income -€7,706
down €7,706 (-62.6%), from €12,313 to €4,607
- Reserves +€88,000
up €88,000 (+27.6%), from €319,295 to €407,295
- Debts after one year -€56,392
down €56,392 (-29.4%), from €191,821 to €135,429
of which Financial debts: -€56,392
- Short-term financial debts -€13,920
down €13,920 (-100.0%), from €13,926 to €6
- Gross operating margin -€5,918
down €5,918 (-4.1%), from €144,950 to €139,032
- Other operating charges +€3,534
up €3,534 (+147%), from €2,407 to €5,940
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €667,721 | €696,526 | +€28,805 | +4.3% |
| Fixed assets | 21/28 | €129,986 | €118,362 | -€11,624 | -8.9% |
| Tangible fixed assets | 22/27 | €129,914 | €118,290 | -€11,624 | -8.9% |
| Land and buildings | 22 | €123,861 | €113,753 | -€10,108 | -8.2% |
| Furniture and vehicles | 24 | €5,599 | €4,458 | -€1,141 | -20.4% |
| Other tangible fixed assets | 26 | €454 | €79 | -€375 | -82.6% |
| Financial fixed assets | 28 | €73 | €73 | = | 0.0% |
| Current assets | 29/58 | €537,735 | €578,164 | +€40,429 | +7.5% |
| Amounts receivable after more than one year | 29 | €397,443 | €427,747 | +€30,305 | +7.6% |
| Other amounts receivable | 291 | €397,443 | €427,747 | +€30,305 | +7.6% |
| Amounts receivable within one year | 40/41 | €43,675 | €44,860 | +€1,185 | +2.7% |
| Trade receivables | 40 | €43,664 | €28,151 | -€15,514 | -35.5% |
| Other amounts receivable | 41 | €11 | €16,709 | +€16,699 | +155,481% |
| Cash at bank and in hand | 54/58 | €84,304 | €100,949 | +€16,645 | +19.7% |
| Deferred charges and accrued income | 490/1 | €12,313 | €4,607 | -€7,706 | -62.6% |
| Total equity and liabilities | 10/49 | €667,721 | €696,526 | +€28,805 | +4.3% |
| Equity | 10/15 | €338,397 | €426,418 | +€88,021 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €319,295 | €407,295 | +€88,000 | +27.6% |
| Distributable reserves | 133 | €319,295 | €407,295 | +€88,000 | +27.6% |
| Profit (loss) carried forward | 14 | €502 | €523 | +€21 | +4.2% |
| Amounts payable | 17/49 | €329,325 | €270,108 | -€59,216 | -18.0% |
| Amounts payable after more than one year | 17 | €191,821 | €135,429 | -€56,392 | -29.4% |
| Financial debts | 170/4 | €189,161 | €132,769 | -€56,392 | -29.8% |
| Other amounts payable | 178/9 | €2,660 | €2,660 | = | 0.0% |
| Amounts payable within one year | 42/48 | €136,611 | €132,931 | -€3,680 | -2.7% |
| Current portion of amounts payable after more than one year | 42 | €65,552 | €71,503 | +€5,951 | +9.1% |
| Financial debts | 43 | €13,926 | €6 | -€13,920 | -100.0% |
| Credit institutions | 430/8 | €13,926 | €6 | -€13,920 | -100.0% |
| Trade debts | 44 | €9,910 | €13,557 | +€3,647 | +36.8% |
| Suppliers | 440/4 | €9,910 | €13,557 | +€3,647 | +36.8% |
| Taxes, remuneration and social security | 45 | €41,577 | €45,366 | +€3,789 | +9.1% |
| Taxes | 450/3 | €41,577 | €45,366 | +€3,789 | +9.1% |
| Other amounts payable | 47/48 | €5,647 | €2,500 | -€3,147 | -55.7% |
| Accrued charges and deferred income | 492/3 | €893 | €1,748 | +€855 | +95.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,898 | €13,078 | -€821 | -5.9% |
| Other operating charges | 640/8 | €2,407 | €5,940 | +€3,534 | +147% |
| Gross operating margin | 9900 | €144,950 | €139,032 | -€5,918 | -4.1% |
| Operating profit (loss) | 9901 | €128,645 | €120,014 | -€8,631 | -6.7% |
| Financial income | 75/76B | €20,571 | €20,798 | +€227 | +1.1% |
| Recurring financial income | 75 | €20,571 | €20,798 | +€227 | +1.1% |
| Financial charges | 65/66B | €8,430 | €7,958 | -€472 | -5.6% |
| Recurring financial charges | 65 | €8,430 | €7,958 | -€472 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €140,787 | €132,854 | -€7,933 | -5.6% |
| Income taxes | 67/77 | €45,031 | €44,833 | -€198 | -0.4% |
| Profit (loss) for the period | 9904 | €95,756 | €88,021 | -€7,735 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,756 | €88,021 | -€7,735 | -8.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.